Food Industry News, Insights, and Education for the CPG Community

This is the first of our exclusive quarterly food and beverage industry reports from FABID. This report, which focuses on Q2 2024 food and beverage venture activity, features exclusive content created just for our BevNET and Nosh Insider audience!

The sprouted buckwheat brand landed national distribution at Whole Foods Market and Target, while expanding its foodservice business and building the country’s first certified regenerative organic supply chain for its superstar seed.

The CPG Week team talks about the new five-part Nosh Trendlines series providing insights into developments in self-manufacturing, healthspan versus lifespan marketing campaigns and the roiling seed oil debate.

Store brands are among the fastest growing segments in the grocery industry. For startups and emerging brands, that presents an immense competitive challenge.

As part of BevNET and Nosh’s exclusive data series for Insiders, we’re partnering with FABID, a data-differentiated financial services firm providing accounting, CFO, and investment banking services to companies operating in the CPG industry.

Growth equity investment firm Alliance Consumer Growth (ACG) announced today it has closed on a new, $160 million fund, the company’s fifth. The new fund brings ACG’s lifetime financing to over $1 billion in aggregate capital commitments, the firm said.

Thirty-year-old Lotus Foods has weathered plenty of challenges with minimal outside investment. But today, the regenerative and heirloom rice, noodle and ramen producer is going after growth, announcing it has raised $22.5 million.

The chilled oat bar brand is building on its successful partnership with Hungryroot and has now expanded nationally with Misfits Market and Thrive Market.

Get ready for our July Community Calls! This month, dive into GNGR Labs’ hands-on growth strategies, find out how to dial in product market fit for a successful product launch, and join us as we reveal the 2024 Nosh Notables list.

The California startup is continuing its quest to reimagine dusty pantry items for the modern shopper.

Also in this issue: hear from Stride Consumer Partners’ Paul Kenny, why Scharffen Berger has joined 1-800-FLOWERS, people move news from around the industry and more.

Stride Consumer Partners’ new food and beverage-focused operating partner Paul Kenny explains how he uses his CPG experience to advise portfolio brands and build successful future growth.

Food delivery platforms are partnering with grocery chains reflecting both the elevated demand for online shopping and a retailer shift to bringing more options to consumers.

How did seed oils become the dietary demon du jour? And is a seeming rush to reformulate among a handful of brands justified?